Browsing: Bank Of England

The Independent Water Commission has identified “interlocking failures” in England and Wales’ water sector, necessitating comprehensive reforms in five key areas.

Cliff Notes – IMF upgrades UK economic growth forecast The IMF has revised its UK economic growth forecast upward to…

UK inflation rose to 3.5% in April, up from 2.6% in March, according to the Office for National Statistics (ONS). This figure is higher than most forecasts — economists expected around 3.3%, while the Bank of England predicted 3.4%.

It’s trade deals galore for the prime minister after yesterday’s announcement that Britain had signed a trade deal with India, the prime minister is set to announce a UK-US trade deal later today. The news is a huge win for both Keir Starmer and Rachel Reeves who have been under pressure since taking office over the handling of the economy!

Experts are suggesting that the devil is in the details – and it’s likely to be more of a temporary pause on some tariffs rather than a long-term trade agreement. But still, with the world queuing up for a trade deal, getting in their first will no doubt be a boost for the PM and his struggling government.

The Bank of England is expected to cut interest rates on Thursday, likely lowering them from 4.5% to 4.25%. This would be the fourth rate cut since last year’s peak of 5.25%, and the second in 2025, as the Bank aims to stimulate borrowing and ease financial pressure on households and businesses.

Cliff Notes – Bank of England mulls interest rate decision Wage growth remains robust, with wages excluding bonuses rising by…

Rachel Reeves has been dealt a further blow in her bid to fulfil Labour’s primary mission of reigniting economic growth,…

UK interest rates live: Bank of England set to cut interest rates in boost for mortgage holders The UK’s base…

Bank of England: Goldman Sachs expects deep interest rate cuts Markets are significantly underestimating the chance that the Bank of…

Bank of England set to hold interest rates after inflation jump The Bank of England is poised to leave interest…